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RBI’s verbal advisory on surging gold volatility banks to lower gold loan LTV ratios from 70-75% to 60-65% says Report. This will slash loan amounts against the same jewelry. Common people face tighter liquidity, pushing vulnerable households toward informal moneylenders.
RBI’s Handbook of Statistics on Indian States 2024-25, showing Tamil Nadu’s lead in factories (40,121), workers (2.48 million), exports ($52.07 billion), and foreign tourists (11.61 lakhs) in 2024. This reflects manufacturing-driven growth in autos, electronics, and engineering, with 16% GSDP growth in 2024-25
Following RBI’s 25 bps repo rate cut to 5.25% on 5 Dec 2025, major banks swiftly reduced lending rates. HDFC Bank cut MCLR to 8.30-8.55%, PNB dropped RLLR to 8.10%, Bank of Baroda to 7.90%, Indian Bank to 7.95%, Bank of India to 8.10%, and Bank of Maharashtra to 7.10% for home loans with waived processing fees. Floating-rate borrowers will see lower EMIs soon, easing monthly burdens amid falling i
Following the RBI’s repo rate cut to 5.25% on December 5, major banks like HDFC Bank, Punjab National Bank, Bank of Baroda, Indian Bank, Bank of India, and Bank of Maharashtra have lowered their lending rates for home and retail loans. This pass-through reduces EMIs for existing floating-rate borrowers or shortens loan tenures, depending on benchmarks like RLLR, RBLR, or MCLR, with changes effecti
